68
Economics2h 13m ago

The Reserve Bank of India's Monetary Policy Committee published minutes detailing its decision to hold the repo rate steady.

Archive Window: 30 Days Left

India

Who
Reserve Bank of India's Monetary Policy Committee
What
The Reserve Bank of India's Monetary Policy Committee published minutes detailing its decision to hold the repo rate steady.
When
Fri, 19 Jun 2026 14:26:00 GMT · 2h 13m ago
Where
India ·
Why
The committee adopted a 'wait and watch' stance due to significant geopolitical and weather-related uncertainties, including rising crude oil prices and potential El Nino impacts, and fears of a policy misstep.
The Frontline Impact

How this affects you

This decision indicates a cautious monetary policy approach in India, prioritizing data dependency and vigilance against inflation amid external shocks, which could influence future economic growth and inflation trajectories.

Story chain

10 events in this thread
  1. Currently Reading2h 13m ago
    The Reserve Bank of India's Monetary Policy Committee published minutes detailing its decision to hold the repo rate steady.
  2. Economics2h 34m ago
    The Monetary Policy Committee (MPC) unanimously voted to keep the policy repo rate unchanged at 5.25 per cent and continue with a neutral stance, as per minutes released by the RBI.
    Open article
  3. Economics3h 0m ago
    Saugata Bhattacharya, an RBI MPC member, stated that energy prices are unlikely to return to pre-conflict levels and that a projected rain deficit in India for 2026 will escalate inflation risks.
    Open article
  4. Economics3h 0m ago
    RBI MPC member Saugata Bhattacharya stated that energy prices are unlikely to return to pre-war levels and warned that rain deficit, commodity supply shocks, and global inflationary pressures will escalate inflation risks in India.
    Open article
  5. Economics3h 1m ago
    RBI Governor Sanjay Malhotra stated the Monetary Policy Committee must be watchful of the inflation trajectory and voted for a status quo on the repo rate at 5.25%.
    Open article
  6. Economics3h 1m ago
    RBI Governor Sanjay Malhotra stated that the Monetary Policy Committee (MPC) must monitor the inflation trajectory, citing revised fuel prices in May and risks from a poor monsoon due to El Nino.
    Open article
  7. Economics3h 1m ago
    RBI Governor Sanjay Malhotra stated the Monetary Policy Committee (MPC) must monitor the inflation trajectory due to May fuel price revisions and amplified risks from a poor monsoon, while the repo rate was maintained at 5.25% on June 5.
    Open article
  8. Economics3h 3m ago
    RBI Governor Sanjay Malhotra stated the Monetary Policy Committee (MPC) must be watchful of the inflation trajectory due to fuel price revisions and El Nino risks, while the MPC maintained the repo rate at 5.25%.
    Open article
  9. Economics4h 11m ago
    The Reserve Bank of India's Monetary Policy Committee (MPC) released minutes from its June 3–5 meeting, flagging heightened risks to India's economic outlook from the West Asia conflict, volatile crude prices, disrupted supply chains, and a weaker monsoon outlook.
    Open article
  10. Economics4h 11m ago
    The Monetary Policy Committee (MPC) minutes from its June 3–5 meeting flagged heightened risks from the West Asia conflict, volatile crude prices, disrupted supply chains, and a weaker monsoon outlook.
    Open article

Verified Sources & Citations